AIM-listed flavour and fragrance specialist saw revenues grow 2%, PBT 11%, and EPS 8%.
Companies: Treatt plc
Treatt Plc has delivered a fourth consecutive year of record results and boosted profits by 11%.
The AIM-listed company reported revenues up 2% to £88m, but through increased margins drove operating profit up 10%, PBT up 11%, and EPS up 8%.
Notably, the ROCE (Return on capital employed) increased 2.5% to 24.6% and free cash flow grew 30%, showing a highly cash-generative business.
The company will pay a total dividend of 4.35p, (4.04p FY15), giving a yield of 1.7%.
CEO Daemmon Reeve said his team had delivered on its objective of sustainable growth in profits but stressed the business had much to do to take advantage of future growth opportunities:
"The new financial year has started well. We have much to do across the business to ensure we build on the work of our people over the past year and be able to take advantage of the many opportunities ahead of us."
Treatt's share price fell 4% in early trading on Tuesday and is up 52% in 2016.